Saturday 26 April 2014

Four years later, lenders are sitting pretty | The National

Four years later, lenders are sitting pretty | The National:



"More than four years on from a debt crisis that hampered their earnings, UAE banks have for the most part rebounded to stronger health.



Still, the latest challenges they face relate to combating money laundering and complying with new global and local rule changes.



Here, Bill Michael, the regional head of financial services at KPMG in London, and Austin Rudman, a partner in Dubai at the professional services company, talk about state of the banking industry."



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